Yes Fig, gap was closed, and we are now down to Jan 2021 levels!
Our re rate in 2022 was based on Gold. Now our share price moves like REE stocks (VML, IXR).
A rising tide lifts all boats. But a rising Gold price does not lift us.
So many ASX stocks have suffered moving from their core gold focus into Lithium and REE.
I see comments here that we can just spin out the REE's. But you can't spin out something that hasn't been detailed, drilled, measured. How much of our last CR funds are being used on this bloody REE distraction, that should be being used solely for becoming a gold producer!
I thank you for your post where you asked management for info on REE's, but it showed only their wish to progress it. To prove up resources and if commercially viable.
Hey, here's a thought, Gold is viable!
While I was always expecting the post CR SP churn to be difficult, we did appear to structurally be being manipulated towards 12 monthly lows.
Now I wonder if Mr Mkt is pricing our need for more Cr's not to move into production, but to just continue drilling chasing REE's when we already have the potential for them not to be viable!
Could you please ask management what the heck they are doing!
Thanks
Crom
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Yes Fig, gap was closed, and we are now down to Jan 2021...
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